Thomson Reuters Co. (TSE:TRI - Get Free Report) NYSE: TRI Senior Officer Elizabeth Beastrom sold 2,848 shares of the business's stock in a transaction dated Wednesday, June 11th. The shares were sold at an average price of C$262.48, for a total transaction of C$747,543.04.
Thomson Reuters Stock Down 0.5%
TSE TRI traded down C$1.25 during trading hours on Thursday, hitting C$267.15. 108,273 shares of the company were exchanged, compared to its average volume of 347,402. The company has a 50 day moving average of C$260.54 and a two-hundred day moving average of C$247.98. The company has a quick ratio of 0.52, a current ratio of 0.94 and a debt-to-equity ratio of 24.28. The firm has a market cap of C$84.40 billion, a price-to-earnings ratio of 40.23, a PEG ratio of 3.64 and a beta of 0.40. Thomson Reuters Co. has a 52-week low of C$214.51 and a 52-week high of C$273.59.
Wall Street Analysts Forecast Growth
A number of research analysts recently commented on TRI shares. Canaccord Genuity Group upped their price objective on Thomson Reuters from C$175.00 to C$181.00 and gave the company a "hold" rating in a report on Friday, May 2nd. Bank of America set a C$255.00 price target on shares of Thomson Reuters and gave the company a "neutral" rating in a research note on Thursday, April 10th. BMO Capital Markets upped their price target on Thomson Reuters from C$265.00 to C$280.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. Finally, Scotiabank lowered Thomson Reuters from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 2nd. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of C$252.40.
View Our Latest Analysis on Thomson Reuters
About Thomson Reuters
(
Get Free Report)
Thomson Reuters Corporation engages in the provision of business information services in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It operates in five segments: Legal Professionals, Corporates, Tax & Accounting Professionals, Reuters News, and Global Print. The Legal Professionals segment offers research and workflow products focusing on legal research and integrated legal workflow solutions that combine content, tools, and analytics to law firms and governments.
Further Reading
Before you consider Thomson Reuters, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Thomson Reuters wasn't on the list.
While Thomson Reuters currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
